Question : As per Section 54 (3), it is clear that no refund of ITC will be available for export in the cases where product is subject to export duty. Iron Ore export is subjected to export duty. In the earlier regime, the exporters were allowed to take refund of service tax paid on exports. Will not ourexports become uncompetitive as no refund of ITC will be available?
Answer: The refund of ITC credit is not admissible in view of the second proviso to section 54(3) of the CGST
Act, 2017.
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